consulting firm worldwide. They have worked with more than 2500 major corporations in all parts of the world and having more than 2100 people in 30 offices around 19 countries. The industry sector they would like to include is Retail, Financial Services, Medical, Entertainment, Technology, And Environmental Services. They work with governments and the businesses alike and the clients of firms have included the governments of japan as well as Korea.
BRAIN & CO. MANAGEMENT CONSULTING FIRM They also provide consulting services to non-profit organizations, such as San Franciscos efforts to address homelessness and the National Resources Defense Councils objective of dealing with global warming and climate change. Bain has recently created the Bridgespan group as a subsidiary dedicated to serving the non-profit sector. THE BAIN CONSULTANT Bain is known for the shrewd, and suave employees. The Bain consultant tends to be Articulate, Meticulously Groomed, Well-mannered, And Exceedingly Charming. There employees are notoriously secretive about their organization and their clients and dedicate themselves to improve their customers competitive position. Business is a war their clients must win. NEW TYPES OF CONSULTANTS In 1973, William W. Bill Bain created a new type of management consultant role a quasi-insider who is privy to the clients secrets and works directly with the CEO to implement the strategy. Bill Bain is known as the creator of Relationship Consulting. The consultants build their business on the close relationship they develop with the clients. Bain focuses on the total system, and on the profitability of the entire organization. Such knowledge demands lots of data gathering and a great deal of time for analysis.
Bain consultants insist on working directly with the chief executives, because they feel that the CEO is the key to a firms success. Other consultants may come in and study a situation, write up a report with recommendations, and then leave. This is not Bains approach. Bain consultants work collaboratively with the client to study, define, and assist in the implementation of the solution. And because Bains consultants have experience working with such a wide group of clients, they tend not to have the tunnel vision that too often afflicts employees within an organization. The company CEOs may know their organization and their industry, but may not be able to bring in new ideas from across a multitude of industries and countries. WHY BAIN IS DIFFERENT According to Bain, some of the things that make this consulting company unique are: Rejecting the old advice model to focus on strategy and implementation. Accepting equity in lieu of fees to align incentives with clients results. Founding the Bridgespan Group, the first major non-profit strategy consulting firm. Sharing client, incubated, and private capital coin-investments among all professional staff. Cheer Leader Path Finder Persuader Stabilizer Analyzer Effectiveness Low High Low High
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Q:1 Do you agree with the relationship consulting approach? Yes, Bill Bain is known as the creator of relationship consulting. They place a great emphasis on efficiency and gives little emphasis to the member satisfaction. Practitioners of analyzer style may be quite confrontational, usually relying on authority to resolve conflicts and on rational problem-solving processes. The analyzer style has a background of specialized expertise, knowledge, and experience applicable to the solution of specific problem. The clients needs to have a problem solved, and a service performed. The OD practitioners takes responsibility for providing them these functions. These style is based on the belief that the clients does not need to know or cannot learn the skill to solve its problems. The success of practitioners is largely dependent on the clients having properly diagnosed its problem and called in the right kind of practitioner. Q:2 Visit Bains Website (www.bain.com) and explore the firms current approaches to consulting? Bain approaches every client's business as if it were its own. They believe a consulting firm should be more than an advisor. They put themselves in their clients' shoes, align the incentives with their objectives, and collaborate to unlock the full potential of their business. This builds deep and enjoyable relationships.
They focuse on results long before it became fashionable, and continue to raise the bar for the industry. True Results require tailored solutions not limited by boundaries of departments, industries, geographies, or hierarchies. True Results are pragmatic and action-oriented, enduring and repeatable.
Advantage For External Practitioners: They have increased leverage (the degree of influence and status within the clients system) and a greater freedom of operation than the internal practitioners. The top managers view the external practitioners as having a more positive role in large-scale change programs than internal practitioners.
Q:3 Contrast the approach of a company trying to solve its own problems versus bringing in outside consultants. What are the pros and cons of the two approaches?
Disadvantage For External Practitioners: They are generally unfamiliar with the organization system and may not have sufficient knowledge of its technology. They are unfamiliar with the culture, communication networks, and a formal or informal power systems. They may face difficulties gathering pertinent information simply because they are the outsiders. They are familiar with the organizations culture and norms, and probably accept and behave in accordance with the norms. They know the power structure, who are the strategic people and how to apply leverage. They are already known to the employees and have a personal interest in seeing the organization succeed.
Advantages Of Internal Practitioners:
Disadvantage For Internal Practitioners: They may lack in the specialized skills needed for organization development. There is lack of objectivity. They may sometimes not understand the practitioners role and will certainly be influenced by his or her previous work and the relationships in the organization, particularly if the work and relationships have in any way been questionable. They may not have necessary powers and authorities sometimes. They are sometimes in remote staff position and report to a mid- level managers.